Groupon Q2 2021 Earnings Report
Key Takeaways
Groupon's Q2 2021 results showed a revenue of $266.0 million, a net loss of $3.1 million, and an adjusted EBITDA of $41.0 million. The company made progress on expanding inventory and modernizing its marketplace, with global local billings up 22% sequentially versus Q1 2021.
Revenue was $266.0 million, down 33% year-over-year.
Gross profit was $193.9 million, up 41% year-over-year.
Net loss from continuing operations was $3.1 million, compared to a net loss of $73.1 million in Q2 2020.
Adjusted EBITDA was $41.0 million, compared to $1.3 million in Q2 2020.
Groupon
Groupon
Groupon Revenue by Geographic Location
Forward Guidance
For the full year 2021, Groupon is updating its Adjusted EBITDA guidance to a range of $115 million to $125 million and continues to expect to deliver $950 million to $990 million of revenue.
Revenue & Expenses
Visualization of income flow from segment revenue to net income